"Apart from the U.S., there is hardly any other country in the Western world that has more expertise and talent in artificial intelligence (AI)," says U.K. minister Rishi Sunak of his country. As far as AI rules go, the UK is said to be a sweet spot between draconian EU rules and lax U.S. behavior. Is there, say, a new tech superpower on the horizon?
Open Banking API has emerged as a disruptive force with implications for High Net Worth Individuals (HNWIs) and Ultra High Net Worth Individuals (UHNWIs). Open Banking API is not just another trend in fintech for a demographic that is obsessed with optimizing financial strategies and achieving superior asset management. Instead, the advent of Open Banking API represents a seismic shift that may have potential to redefine how wealth is managed, diversified, and grown.
Imagine a world where a 20% surge in your investment returns isn't the result of a lucky stock pick but rather the outcome of algorithms working to optimize your portfolio 24/7.
In recent years, the specter of cybersecurity has loomed larger than ever over the financial industry. According to recent data from Statista, in 2022, there were 1,829 reported cyber incidents in the financial industry worldwide, a decrease from 2,527 in the preceding year. Furthermore, the number of data breaches went from 690 in 2021 to 477 in 2022.
In this article, we'll explore the top tech trends in 2023 that everyone must be ready for. They are set to transform the way we live, work, and interact with the world around us. These trends will open up new possibilities for innovation and growth across various industries.
"It's Europe's time to shine" - these are the words of Robert Cielen, Head of International Wealth Management Europe at Credit Suisse, told the Euromoney specialized edition a year ago. He, along with a number of his colleagues in the European Banking Industry, wants to see the region become attractive again for private banking business.
In the fast-paced financial world of today, Silicon Valley has become a goldmine for Ultra-High-Net-Worth Individuals (UHNWIs) and High-Net-Worth Individuals (HNWIs). Statista says that the value of all transactions on the global fintech market has hit about $14.27 trillion USD as of 2023. This is a clear sign that the field has the potential to grow quickly.
Mid-sized companies (known as Mittelstand in German) face a pressing problem: finding a successor to carry on their legacy. Enter Tradineo, a pioneering startup that is addressing this challenge by acquiring and transitioning mid-market family businesses to new management. Discover how Tradineo is transforming succession planning in the German midmarket with innovative strategies.

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